FreeDOM and Quickbooks

Your accounting data can flow from FreeDOM into QuickBooks™ with a single mouse click or even automatically! FreeDOM allows you to designate debits and credits data flow into your selected QuickBooks™ accounts so that you get the data you want, when and where you want it.

The benefits of combining the power of FreeDOM and QuickBooks™ are clear:

• More accounting efficiently
• No need for redundant data entry
• Fewer errors
• Reporting you're accustomed to
• Eliminate end-of-year reporting hassles
• Better and faster client service

See how FreeDOM integrates with QuickBooks™ below.

Accounts Setup

In QuickBooks, go to the Chart of Accounts and create any accounts required based on your decisions regarding the flow of data from FreeDOM to QuickBooks (Figure 1).

Figure 1 - QuickBooks Chart of Accounts

In FreeDOM, select the preferred accounts you created in QuickBooks that will receive FreeDOM data (Figure 2). Optionally check the "Automatically Transfer..." checkbox for automatic data transfers from FreeDOM to QuickBooks upon each FreeDOM journal close.

Figure 2 - FreeDOM's QuickBooks Properties

How Data Transfers Work

In this example, we're going to select a closed journal entry (# 1373, Figure 3). Note the amounts under the Debits, Credits, and Total columns for ID # 1373. Select the Ledger entry and click the Transfer to QuickBooks button.

Figure 3

In FreeDOM, the "working" area for accounting is called the "Journal" and when the Journal is closed, all closed entries flow to the "Ledger." The Ledger is shown in Figure 3 above.

An Information Box is displayed informing you of the data transfer (Figure 4).

Figure 4

Switch to QuickBooks and select the account that you designated to receive FreeDOM data (in this example, the Accounts Receivable account, Figure 5). There you see FreeDOM Ledger ID # 1373.

Figure 5

Double-click the FreeDOM entry to open the QuickBooks General Journal (Figure 6). In the General Journal, you see more detailed line items from FreeDOM Ledger ID # 1373 (refer back to Figure 3 above to review the original amounts in FreeDOM):

Figure 6